Makeover for BM packager offering

Nigel Payne, managing director of BM Solutions, is looking to launch new buy-to-let and self-cert deals later in the year and promises that packagers will be happier with the fees on offer.

He says: “When The Mortgage Business moved across to us, it reduced proc fees for packagers at a time when they needed them most. The proc fees will be better, although still not quite as high as those offered by TMB. They won’t be available to all packagers.”

Payne and his team are still designing the products and he says it is too early to give details of specific deals.

Roger Morris, managing director of em-financial, says: “I trust and believe in Payne to come up with a proposition that will move the packager market forward.”

Nearly two-thirds of landlords polled by research firm BDRC believe sale-and-rent-back should be regulated. The survey of 500 landlords also found that 58% worry that such schemes will be misused by clients.

The remarkable performance of the TOPIX over the past year has caused many sceptical equity investors to look again at the Japanese market. These returns have come despite very significant problems facing the Japanese economy. Chris Taylor, manager of the Neptune Japan Opportunities Fund, discusses these problems and whether Abenomics will be able to overcome them, enabling the market to continue to rise.

In the video, Taylor addresses the following:

• The size and speed of Japan’s unprecedented monetary policy• Abenomics and the implications should it fail• Corporate Japan and beneficiaries of government policy